PPP Loan information for Applied power solutions, inc

$53,000

Applied power solutions, inc was initially approved for PPP Loan of amount $53,000, the current approved amount is $53,000. The loan was approved on 04/29/2020 by The Fulton Bank, National Association reported 4 jobs and $53,000 was used to fund payroll.

Applied power solutions, inc is Existing or more than 2 years old

PPP Loan Search / MD / Glenelg / Applied power solutions, inc

APPLIED POWER SOLUTIONS, INC

Date Approved

04/29/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

APPLIED POWER SOLUTIONS, INC

Borrower Address

13655 Triadelphia Rd

Borrower City

Glenelg

Borrower State

MD

Borrower Zip

21737

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53000.00

Current Approval Amount

53000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glenelg

Project County Name

HOWARD

Project State

MD

Project Zip

21737-0001

CD

MD-03

Jobs Reported

4

NAICS Code

532289

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3250.00

Payroll Proceed

39750.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50252.78

Forgiveness Date

10/30/2020

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